What Is OMG Network (OMG)?

The Worst-Performing Altcoins in September

## Що таке OMG Network (OMG)?

OMG Network, раніше відома як OmiseGo, - це некастодіальне (не пов'язане зі зберіганням) рішення для масштабування рівня 2 (layer-2), створене для [блокчейну](https://coinmarketcap.com/alexandria/glossary/blockchain) Ethereum. Як рішення для масштабування Ethereum, OMG Network дозволяє користувачам передавати токени ETH і ERC20 значно швидше і дешевше, ніж при здійсненні транзакцій безпосередньо у мережі Ethereum.

Мережа заснована на новому рішенні масштабування під назвою MoreViable Plasma, яке використовує архітектуру сайдчейна для групування кількох транзакцій поза мережею у пакет, який потім може бути верифікований як одна транзакція у кореневому ланцюжку Ethereum. За даними OMG Network, ця технологія має потенціал для масштабування [Ethereum](https://coinmarketcap.com/uk/currencies/ethereum/) до тисяч транзакцій за секунду (TPS) — замість 10-14 транзакцій за секунду, на які зараз здатний Ethereum 1.0.

Мережа працює за допомогою службового токена OMG, який можна використовувати як один із способів оплати комісій у мережі OMG. У кінцевому підсумку, буде доступний стейкінг — для забезпечення захисту мережі у обмін на винагороду.

### Хто заснував OMG Network?

Зараз мережа OMG складається із команди з понад 50 співробітників, розкиданих по всьому світу. Компанія була заснована Ванзою Чатікаванідж (Vansa Chatikavanij), уродженкою Таїланду, і діє як дочірня компанія SYNQA — тайської фінтех-компанії, яка раніше була відома як Omise Holdings.

Як засновник проектора, Ванза Чатікаванідж (Vansa Chatikavanij) отримала ступінь магістра геології та екології у Колумбійському університеті Нью-Йорка. Після цього, Чатікаванідж обіймала кілька консультаційних посад у відомих фінансових установах, включаючи Міжнародну фінансову корпорацію (IFC) та Світового банку, до заснування мережі OMG Network (тоді OmiseGo) у 2017 році.

Чатікаванідж займала посаду керуючого директора у компанії до 2019 року, а потім перейшла на посаду генерального директора, яку вона обіймає донині. Крім того, Стівен Макнамара (Stephen McNamara) — колишній керівник стратегії досліджень і розробок блокчейну в Huawei Technologies — є головним операційним директором OMG Network, тоді як Касіма Тарнпіпітчай (Kasima Tharnpipitchai), досвідчений інженер і консультант, є її технічним директором.

### В чому унікальність OMG Network?

OMG Network вважає, що потрібно подолати значні бар’єри щодо швидкості та вартості Ethereum, перш ніж звичайний бізнес стане хоча б розглядати можливість створення своїх продуктів та програм у мережі.

Таким чином, проект OMG Network створений, щоб допомогти зробити Ethereum більш привабливим для компаній і проєктів, які хочуть масштабуватися, одночасно знижуючи вуглецевий слід. Це досягається завдяки своєму рішенню на базі плазмового бічного ланцюга, яке може допомогти зменшити споживання електроенергії до 99% у порівнянні з Ethereum і скоротити комісії приблизно на дві третини, забезпечуючи при цьому активи захищені базовою мережею Ethereum.

Сама платформа підтримується 25 мільйонами доларів США, отриманими під час первинного розміщення монет у 2017 році ([ICO](https://coinmarketcap.com/alexandria/glossary/initial-coin-offering-ico)). Більше того, материнська компанія OMG Network SYNQA нещодавно залучила ще 80 мільйонів доларів США для фінансування серії C — і була підтримана кількома великими інвестиційними фірмами, включаючи Toyota Financial Services Corporation і Sumitomo Mitsui Banking Corporation.

#### Пов'язані сторінки

Прочитайте про [Stellar](https://coinmarketcap.com/uk/currencies/stellar/) — один із найбільших суперників OMG Network.

Дізнайтеся більше про [Polkadot](https://coinmarketcap.com/uk/currencies/polkadot-new/) — високошвидкісний блокчейн із підтримкою смарт-контрактів.

Зануртеся із головою у Ethereum 2.0 за допомогою [CoinMarketCap Alexandria](https://coinmarketcap.com/alexandria/article/a-dive-into-ethereum-2-0).

Будьте у курсі останніх тенденцій з [Блогом CoinMarketCap](https://blog.coinmarketcap.com/).

### Скільки монет OMG Network (OMG) у обігу?

Як і більшість [криптовалют](https://coinmarketcap.com/alexandria/article/what-are-cryptocurrencies), токени мережі OMG мають фіксований максимальний запас. Його встановлено на рівні 140 245 398 OMG і він ніколи не буде вищим цього значення. На відміну від багатьох інших криптовалют, ця загальна пропозиція вже повністю викарбувана, більшість із них уже перебуває в активному обігу.

Із загального обсягу пропозиції, 65,1% токенів було роздано інвесторам і 5% було розподілено за допомогою airdrop, а решта 29,9% утримуються проєктом і командою. З цих 29.9%, 20% заблоковано у резервному смарт-контракті OMG Network для фінансування майбутніх розробок і перевірки мережі, а решта 9,9% зарезервовано для команди засновників.

І резерв OMG, і розподіл команди були заблоковані на один рік, але цей термін вже минув.

### Як захищена OMG Network?

Основна мережа OMG Network зрештою перейде до алгоритму консенсусу доказу частки володіння [proof-of-stake (POS)](https://coinmarketcap.com/alexandria/article/proof-of-work-vs-proof-of-stake). Тоді буде доступний стейкінг для забезпечення захисту мережі в обмін на винагороду.

До того часу, дочірні ланцюжки OMG Network захищаються механізмом консенсусу доказу повноважень (PoA), який, по суті, є спрощеною формою підтвердження частки володіння (proof-of-stake), яка наразі контролюється одним виробником блоку (самою мережею OMG)— і по суті, ставить репутацію OMG на те, щоб залишатися чесними.

OMG Network планує перейти на доказ частки володіння proof-of-stake, як тільки буде готова, після чого, власники OMG зможуть стати фінансово зацікавленими сторонами в успіху та безпеці мережі, делегуючи свій [частку](https://coinmarketcap.com/alexandria/glossary/staking) валідаторам.

### Де можна купити OMG Network (OMG)?

Токени OMG є високоліквідними і їх можна придбати або продати на більш ніж 200 різних біржових платформах, включаючи 10 найкращих бірж, — таких як [Coinbase Pro](https://coinmarketcap.com/uk/exchanges/coinbase-pro/) та [Binance](https://coinmarketcap.com/uk/exchanges/binance/). Деякі з найпопулярніших торгових пар включають OMG/USDT, OMG/BTC та OMG/ETH.

OMG також можна торгувати проти кількох фіатних валют, включаючи долари США (USD), євро (EUR) та британський фунт стерлінгів (GBP). Щоб дізнатися більше про купівлю криптовалюти за фіат, прочитайте наш простий посібник — [тут](https://coinmarketcap.com/how-to-buy-bitcoin/).

OMG Network

Ledger

Trezor

Trust Wallet

Math Wallet

Coinbase

MetaMask

Atomic wallet

Welcome to OMG Network's Community channel aggregated by CoinMarketCap.

Ethereum

Shiba Inu

Chainlink

UNUS SED LEO

Uniswap

Radiant Capital

LeverFi

Adventure Gold

Hifi Finance

Polymath

Aavegotchi

Bancor

Forta

Trias Token (New)

Spell Token

Fideum

Ten Best Coins

Olympus v2

BMAX

MetaGaming Guild

0x is an infrastructure protocol that allows users to easily trade ERC20 tokens and other assets on the many different blockchains (including Ethereum) without relying on centralized intermediaries. It is a protocol for decentralized exchange.

0x achieves this decentralized exchange functionality using a collection of open-source, publicly auditable smart contracts that work together to produce a flexible, low-friction trading protocol that developers can easily weave into their products.

The protocol is used by companies building web3 apps such as wallets, DEXes, portfolio trackes, and others. It is a used by hundreds of developers for their projects. The protocol has facilitates over $200B in trading volume since its inception. One can track its usage in its dedicated https://explorer.0x.org/.

The protocol is powered by an ERC20 governance token known as ZRX. ZRX holders can participate in protocol governance, having direct power over protocol changes and its community treasury.

0x Protocol

Qtum (pronounced ‘“quantum”)  is a proof-of-stake (PoS) smart contract open-source blockchain platform and value transfer protocol. It aims to bring together the strengths of Bitcoinand Ethereumin one chain. Qtum is built on Bitcoin's UTXO transaction model, with the added functionality of smart contract execution and DApps. Recently, the platform added support for DeFi applications. As of March 2021, there are more than 20 tokens created on the Qtum blockchain.

To learn more about this project, check out our deep dive of Qtum.

The project was announced in March 2016 and held an ICO a year after, in March 2017, which brought its founders $15 million USD. The Qtum main chain was released on Sept.13, 2017. Initially, the Qtum coin was issued as a ETH-20 token, but with the launch of the mainnet, it was converted to native blockchain.

Qtum

Apps use ICON to operate cross-chain seamlessly, build momentum and gain reputation. ICON's Cross-Chain Framework simplifies cross-chain development with its easy-to-use xCall messaging standard and connections to secure bridging protocols.

ICON

Tezos is a high-performing blockchain and open-source platform for assets and applications, with a strong focus on code security, on-chain governance, and decentralization. Tezos 2.0, the upcoming step in the evolution of Tezos, aims to improve scalability (via layer 2s), composability, and to implement support to mainstream programming languages (like Javascript, Typescript, Python, and many others).

Initially built with formal verification in mind, the Tezos protocol enables builders to avoid bugs when developing smart contracts, making it particularly suited to applications that require a high degree of security and certainty.

Tezos’ LPoS (Liquid Proof-of-Stake) consensus mechanism enables any stakeholder to take part, directly or by delegation, in the consensus process, and to be rewarded for securing the network. Rather uniquely, Tezos’ on-chain governance system also enables stakeholders to create and vote on protocol upgrade proposals. This pioneering system allows the protocol to self-amend and upgrade itself without leading to a split (or fork) in the blockchain, empowering the community without slowing down innovation.

First proposed in 2014 and launched in 2018, the Tezos Mainnet has a proven track record of running uninterrupted ever since, having earned a strong reputation for technical excellence and a supportive community.

Tezos

Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.

Its main protocol, Carbon, is a decentralized trading protocol allowing users to perform automated trading strategies using custom on-chain limit orders and range orders, with the option of combining orders together to create automated buy low, sell high strategies.

By design, Carbon orders are irreversible on execution, easily adjustable directly on-chain, and resistant to MEV sandwich attacks. These capabilities give users an unprecedented level of control and automation to perform novel trading strategies on-chain.

Fast Lane, a separate open-source arbitrage protocol, allows any user to perform arbitrage between Bancor ecosystem protocols and external on-chain exchanges and redirect arbitrage profits back to the Bancor ecosystem.

All Bancor ecosystem protocols are governed by the BancorDAO via staked BNT.

Basic Attention Token, or BAT, is the token that powers a new blockchain-based digital advertising platform designed to fairly reward users for their attention, while providing advertisers with a better return on their ad spend.

To learn more about this project, check out our deep dive of Basic Attention Token.

This experience is delivered through the Brave Browser, where users can watch privacy-preserving adverts and receive BAT rewards for doing so. On the other hand, advertisers can deliver targeted ads to maximize engagement and cut down losses due to ad fraud and abuse.

The Basic Attention Token itself is the unit of reward in this advertising ecosystem, and is exchanged between advertisers, publishers and users. Advertisers pay for their advertising campaigns in BAT tokens. Out of this budget, a small portion is distributed to advertisers, while 70% is distributed to users — whereas the intermediaries that typically drive up advertising costs are cut out of the equation to improve cost-efficiency.

Basic Attention Token launched in 2017 following one of the fastest sell-out initial coin offerings (ICOs) of all time, with the platform raising a total of $35 million in under a minute. Since then, it has rolled out its attention-based advertising experience to users in most countries through its Brave Rewards program.

As of November 2020, the United States, the United Kingdom and Canada had the most active advertising campaigns.

Basic Attention Token

The EOS Network is an open-source blockchain platform that prioritizes high performance, flexibility, security, and developer experience. As a third-generation blockchain platform powered by the EOS virtual machine, EOS has an extensible WebAssembly engine for deterministic execution of near fee-less transactions.

EOS is the market's most scalable, divisible, and programmable digital currency. EOS is a Delegated Proof of Stake (DPoS) network where stakeholders have the authority to select node operators. Due to the decentralized nature of the token distribution on EOS, power doesn't reside in the hands of block miners, but rather all parties involved in the EOS Network.

The EOS Network is attractive because of its technology and community. It allows developers to build projects that other blockchains cannot support. The network is straightforward and has multiple tools and educational resources to help users acclimate to the blockchain.

Ontology is a project designed to bring trust, privacy, and security to Web3 through decentralized identity and data solutions. It is building the infrastructure to provide trusted access to Web3, allowing individuals and enterprises to rest assured that through regulatory compliant digital identity solutions, users and their privacy come first.

The Ontology blockchain is a high speed, low cost public blockchain. It is designed to bring decentralized identity and data solutions to Web3, with the goal of increasing privacy, transparency, and trust. To achieve this, users and enterprises are provided with the flexibility to build blockchain-based solutions that suit their needs, while also ensuring regulatory compliance. Through Ontology’s Ethereum Virtual Machine (EVM), Ontology ensures frictionless compatibility with Ethereum, the first step in the creation of the Ontology Multi-Virtual Machine and further interoperability for the chain.

At its launch, Ontology chose to forego the popular initial coin offering (ICO) model in favor of a series of community distributions and airdrops of its ONT cryptocurrency.

This helped to quickly establish both organic price discovery and a passionate community and helped the project to avoid subsequent regulatory scrutiny.

For example, for a brief period any person who signed up for the Ontology newsletter received an airdrop of free 1,000 ONT, which reached a value of $10 per token soon after the token became listed on major exchanges like Binance.

Ontology launched its own MainNet on June 30, 2018 and has been up and running smoothly since.

Ontology

NEM is a blockchain platform that was launched in March of 2015. It was one of the pioneers of the cryptocurrency industry, and sought to improve on the imperfections found on other chains at the time. It was one of the first non-turing complete chains to feature user-defined tokens (called mosaics), namespaces, multisignature accounts, and a P2P reputation system based on EigenTrust++. Its most notable contribution to the space is the proof-of-importance consensus mechanism, which sought to reward on-chain activity and deter the concentration of wealth commonly associated with proof-of-stake. Its client, NIS, is written in Java.

NEM has a global community. It sees the most utility as an alternative form of payment for businesses and vendors, and has a variety of social media apps built on top of it in Japan, such as nemgraph, a community-driven owned and operated alternative to Instagram.

In December 2021, NEM was hard forked by a pseudonymous team of cryptocurrency experts and enthusiasts alike. Titled Harlock, this hard fork signaled the community’s intent to take NEM from a shadow of its former self into the world’s leading payments platform for on-chain and off-chain media content.

LRC is the Ethereum-based cryptocurrency token of Loopring, an open protocol designed for the building of decentralized crypto exchanges.

In 2020, the average daily trading volume of the entire cryptocurrency market fluctuated in the approximate range of $50-$200 million. Most of that trading is conducted on centralized cryptocurrency exchanges — online platforms operated by private companies that store users’ funds and facilitate the matching of buy and sell orders.

Such platforms have a number of downsides common to all of them, so a new type of exchange — decentralized— has emerged to try to alleviate these disadvantages. However, fully decentralized exchanges are not without their own flaws.

Loopring’s purported goal is to combine centralized order matching with decentralized on-blockchain order settlement into a hybridized product that will take the best aspects of both centralized and decentralized exchanges.

LRC tokens became available to the public during an initial coin offering (ICO) in August 2017, while the Loopring protocol was first deployed on Ethereum mainnet in December 2019.

Loopring

UMA was founded in 2018 by Allison Lu and Hart Lambur, two ex Goldman Sachs traders, with the goal of making global markets universally fair, accessible, secure and decentralized.

The team drew inspiration from traditional finance derivatives to define an open-source protocol to allow anyone, anywhere, to design and build trustless financial contracts.

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

To learn more about this project, check out our deep dive of Compound.

When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.

Compound

Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

To learn more about this project, check out our deep dive of Ren.

Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

Band Protocol is a cross-chain data oracle platform that is able to take real-world data and supply it to on-chain applications, while also connecting APIs to smart-contracts to facilitate the exchange of information between on-chain and off-chain data sources.

By supplying reputable, verifiable real-world data to blockchains, Band Protocol unlocks a range of new use cases for developers to explore — since they can now use any type of real-world data as part of their decentralized application (DApp) logic, including sports, weather, random numbers, price feed data and more.

Band Protocol initially launched as an ERC-20 project on the Ethereum blockchain in September 2019, but transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. Oracle nodes on BandChain not only relay data but are also involved in block production/validation, giving them a dual role.

BAND is the native token of the Band Protocol ecosystem and is used as collateral by validators involved in fulfilling data requests, as well as the main medium of exchange on BandChain — being used to paying for private data.

Band Protocol

Waves is a multi-purpose blockchain platform which supports various use cases including decentralized applications (DApps) and smart contracts.

Launched in June 2016 following one of the cryptocurrency industry’s earliest initial coin offerings (ICO), Waves initially set out to improve on the first blockchain platforms by increasing speed, utility and user-friendliness.

The platform has undergone various changes and added new spin-off features to build on its original design.

Waves’ native token is WAVES, an uncapped supply token used for standard payments such as block rewards.

Waves

Enjin Coin is a project of Enjin, a company that provides an ecosystem of interconnected, blockchain-based gaming products. Enjin's flagship offering is the Enjin Network, a social gaming platform through which users can create websites and clans, chat, and host virtual item stores.

Enjin allows game developers to tokenize in-game items on the Ethereum blockchain. It uses Enjin Coin, an ERC-20 token, to back the digital assets issued using its platform, meaning that items can be bought, sold and traded with real-world value.

Enjin Coin was first announced in July 2017, and it launched on the Ethereum mainnet in June 2018.

Enjin Coin (ENJ) is a digital store of value used to back the value of blockchain assets like non-fungible tokens (NFTs).
Every asset minted with the Enjin Platform contains ENJ, a minting resource which is locked inside NFTs and removed from circulation. Minting blockchain assets with ENJ provides a variety of benefits to creators and users:

Infuses them with a reserve value

Ensures their transparency and scarcity

Gives them instant liquidity

Provides utility in games and apps

Anti-inflationary

Enjin's "melting" functionality allows users to destroy their blockchain assets at any time to retrieve the ENJ value from within.

The Enjin blockchain ecosystem aims to offer software products that make it easy for everyone to develop, trade, monetize, and market with blockchain.

Founded in 2009, Enjin has roots in the gaming industry, with the company’s first product, a gaming community platform called the Enjin Network, growing to 20 million users over the course of a decade.

In 2017 following an ICO, Enjin established itself as a leading blockchain ecosystem developer, building a suite of software products that enable anyone to easily mint, manage, trade, distribute, and integrate blockchain assets.

Enjin’s co-founder Witek Radomski wrote the code for one of the first ever non-fungible tokens (NFTs) and is also the co-author of the ERC-1155 Ethereum token standard.

Built on top of an on-chain infrastructure, the Enjin ecosystem enables game developers and businesses of all sizes to use tokenized digital assets as part of their acquisition, retention, engagement, and monetization strategies. The Enjin ecosystem is fueled by Enjin Coin (ENJ), a cryptocurrency used to back the value of blockchain assets.

Enjin Coin

Dash is an open-source blockchain and cryptocurrency focused on offering a fast, cheap global payments network that is decentralized in nature. According to the project's white paper, Dash seeks to improve upon Bitcoin (BTC) by providing stronger privacy and faster transactions.

Dash, whose name comes from "digital cash," was launched in January 2014 as a fork of Litecoin (LTC). Since going live, Dash has grown to include features such as a two-tier network with incentivized nodes, including "masternodes," and decentralized project governance; InstantSend, which allows for instantly settled payments; ChainLocks, which makes the Dash blockchain instantly immutable; and PrivateSend, which offers additional optional privacy for transactions.

Dash

Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.

Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders.

Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.

yearn.finance

Curve is a decentralized exchange for stablecoins that uses an automated market maker (AMM) to manage liquidity.

Launched in January 2020, Curve is now synonymous with the decentralized finance (DeFi) phenomenon, and has seen significant growth in the second half of 2020.

In August, Curve launched a decentralized autonomous organization (DAO), with CRV as its in-house token. The DAO uses Ethereum-based creation tool Aragon to connect multiple smart contracts used for users’ deposited liquidity. Issues such as governance, however, differ from Aragon in their weighting and other respects.